ID: MRFR/HC/9371-HCR | June 2022 | Region: Global | 100 Pages
TABLE OF CONTENTS
1. EXECUTIVE SUMMARY
2. MARKET INTRODUCTION
2.1. Market Definition
2.2. Scope of the Study
2.2.1. Research Objectives
2.2.2. Assumptions & Limitations
2.3. Market Structure
3. MARKET RESEARCH METHODOLOGY
3.1. Research Process
3.2. Secondary Research
3.3. Primary Research
3.4. Forecast Model
4. MARKET LANDSCAPE
4.1. Supply Chain Analysis
4.1.1. Raw Technology Suppliers
4.1.2. Manufacturers/Producers
4.1.3. Distributors, Retailers, and Wholesalers
4.1.4. End-users
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitutes
4.2.5. Internal Rivalry
4.3. Impact of COVID-19 on Global Structural Health Monitoring Market
5. MARKET DYNAMICS OF THE GLOBAL STRUCTURAL HEALTH MONITORING MARKET
5.1. Introduction
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. GLOBAL STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING
6.1. Introduction
6.2. Hardware
6.2.1. Market Estimates & Forecast, 2020-2030
6.2.2. Market Estimates & Forecast, by region, 2020-2030
6.3. Software & Services
6.3.1. Market Estimates & Forecast, 2020-2030
6.3.2. Market Estimates & Forecast, by Region, 2020-2030
7. GLOBAL STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY
7.1. Introduction
7.2. Wired
7.2.1. Market Estimates & Forecast, 2020-2030
7.2.2. Market Estimates & Forecast, by Region, 2020-2030
7.3. Wireless
7.3.1. Market Estimates & Forecast, 2020-2030
7.3.2. Market Estimates & Forecast, by Region, 2020-2030
8. GLOBAL STRUCTURAL HEALTH MONITORING MARKET, BY END-USE
8.1. Introduction
8.2. Civil Infrastructure
8.2.1. Market Estimates & Forecast, 2020-2030
8.2.2. Market Estimates & Forecast, by Region, 2020-2030
8.3. Aerospace & Defense
8.3.1. Market Estimates & Forecast, 2020-2030
8.3.2. Market Estimates & Forecast, by Region, 2020-2030
8.4. Energy
8.4.1. Market Estimates & Forecast, 2020-2030
8.4.2. Market Estimates & Forecast, by Region, 2020-2030
8.5. Mining
8.5.1. Market Estimates & Forecast, 2020-2030
8.5.2. Market Estimates & Forecast, by Region, 2020-2030
8.6. Others
8.6.1. Market Estimates & Forecast, 2020-2030
8.6.2. Market Estimates & Forecast, by Region, 2020-2030
9. GLOBAL STRUCTURAL HEALTH MONITORING MARKET, BY REGION
9.1. Introduction
9.2. North America
9.2.1. Market Estimates & Forecast, 2020-2030
9.2.2. Market Estimates & Forecast, by Offering, 2020-2030
9.2.3. Market Estimates & Forecast, by Technology, 2020-2030
9.2.4. Market Estimates & Forecast, by End-use, 2020-2030
9.2.5. Market Estimates & Forecast, by Country, 2020-2030
9.2.6. US
9.2.6.1. Market Estimates & Forecast, by Offering, 2020-2030
9.2.6.2. Market Estimates & Forecast, by Technology, 2020-2030
9.2.6.3. Market Estimates & Forecast, by End-use, 2020-2030
9.2.7. Canada
9.2.7.1. Market Estimates & Forecast, by Offering, 2020-2030
9.2.7.2. Market Estimates & Forecast, by Technology, 2020-2030
9.2.7.3. Market Estimates & Forecast, by End-use, 2020-2030
9.3. Europe
9.3.1. Market Estimates & Forecast, 2020-2030
9.3.2. Market Estimates & Forecast, by Offering, 2020-2030
9.3.3. Market Estimates & Forecast, by Technology, 2020-2030
9.3.4. Market Estimates & Forecast, by End-use, 2020-2030
9.3.5. Market Estimates & Forecast, by Country, 2020-2030
9.3.6. Germany
9.3.6.1. Market Estimates & Forecast, by Offering, 2020-2030
9.3.6.2. Market Estimates & Forecast, by Technology, 2020-2030
9.3.6.3. Market Estimates & Forecast, by End-use, 2020-2030
9.3.7. UK
9.3.7.1. Market Estimates & Forecast, by Offering, 2020-2030
9.3.7.2. Market Estimates & Forecast, by Technology, 2020-2030
9.3.7.3. Market Estimates & Forecast, by End-use, 2020-2030
9.3.8. France
9.3.8.1. Market Estimates & Forecast, by Offering, 2020-2030
9.3.8.2. Market Estimates & Forecast, by Technology, 2020-2030
9.3.8.3. Market Estimates & Forecast, by End-use, 2020-2030
9.3.9. Spain
9.3.9.1. Market Estimates & Forecast, by Offering, 2020-2030
9.3.9.2. Market Estimates & Forecast, by Technology, 2020-2030
9.3.9.3. Market Estimates & Forecast, by End-use, 2020-2030
9.3.10. Italy
9.3.10.1. Market Estimates & Forecast, by Offering, 2020-2030
9.3.10.2. Market Estimates & Forecast, by Technology, 2020-2030
9.3.10.3. Market Estimates & Forecast, by End-use, 2020-2030
9.3.11. Rest of Europe
9.3.11.1. Market Estimates & Forecast, by Offering, 2020-2030
9.3.11.2. Market Estimates & Forecast, by Technology, 2020-2030
9.3.11.3. Market Estimates & Forecast, by End-use, 2020-2030
9.4. Asia-Pacific
9.4.1. Market Estimates & Forecast, 2020-2030
9.4.2. Market Estimates & Forecast, by Offering, 2020-2030
9.4.3. Market Estimates & Forecast, by Technology, 2020-2030
9.4.4. Market Estimates & Forecast, by End-use, 2020-2030
9.4.5. Market Estimates & Forecast, by Country, 2020-2030
9.4.6. China
9.4.6.1. Market Estimates & Forecast, by Offering, 2020-2030
9.4.6.2. Market Estimates & Forecast, by Technology, 2020-2030
9.4.6.3. Market Estimates & Forecast, by End-use, 2020-2030
9.4.7. Japan
9.4.7.1. Market Estimates & Forecast, by Offering, 2020-2030
9.4.7.2. Market Estimates & Forecast, by Technology, 2020-2030
9.4.7.3. Market Estimates & Forecast, by End-use, 2020-2030
9.4.8. India
9.4.8.1. Market Estimates & Forecast, by Offering, 2020-2030
9.4.8.2. Market Estimates & Forecast, by Technology, 2020-2030
9.4.8.3. Market Estimates & Forecast, by End-use, 2020-2030
9.4.9. Australia & New Zealand
9.4.9.1. Market Estimates & Forecast, by Offering, 2020-2030
9.4.9.2. Market Estimates & Forecast, by Technology, 2020-2030
9.4.9.3. Market Estimates & Forecast, by End-use, 2020-2030
9.4.10. Rest of Asia-Pacific
9.4.10.1. Market Estimates & Forecast, by Offering, 2020-2030
9.4.10.2. Market Estimates & Forecast, by Technology, 2020-2030
9.4.10.3. Market Estimates & Forecast, by End-use, 2020-2030
9.5. Rest of the World
9.5.1. Market Estimates & Forecast, 2020-2030
9.5.2. Market Estimates & Forecast, by Offering, 2020-2030
9.5.3. Market Estimates & Forecast, by Technology, 2020-2030
9.5.4. Market Estimates & Forecast, by End-use, 2020-2030
9.5.5. Market Estimates & Forecast, by Region, 2020-2030
9.5.6. South America
9.5.6.1. Market Estimates & Forecast, by Offering, 2020-2030
9.5.6.2. Market Estimates & Forecast, by Technology, 2020-2030
9.5.6.3. Market Estimates & Forecast, by End-use, 2020-2030
9.5.7. Middle East
9.5.7.1. Market Estimates & Forecast, by Offering, 2020-2030
9.5.7.2. Market Estimates & Forecast, by Technology, 2020-2030
9.5.7.3. Market Estimates & Forecast, by End-use, 2020-2030
9.5.8. Africa
9.5.8.1. Market Estimates & Forecast, by Offering, 2020-2030
9.5.8.2. Market Estimates & Forecast, by Technology, 2020-2030
9.5.8.3. Market Estimates & Forecast, by End-use, 2020-2030
10. COMPETITIVE LANDSCAPE
10.1. Introduction
10.2. Market Strategy
10.3. Key Development Analysis
(Expansions/Mergers & Acquisitions/Joint Ventures/New Service Developments/Agreements/Investments)
11. COMPANY PROFILES
11.1. Nova Metrix LLC
11.1.1. Company Overview
11.1.2. Financial Updates
11.1.3. Business Segment Overview
11.1.4. Strategies
11.1.5. Key Developments
11.1.6. SWOT Analysis
11.2. Geokon
11.2.1. Company Overview
11.2.2. Financial Updates
11.2.3. Business Segment Overview
11.2.4. Strategies
11.2.5. Key Developments
11.2.6. SWOT Analysis
11.3. Campbell Scientific
11.3.1. Company Overview
11.3.2. Financial Updates
11.3.3. Business Segment Overview
11.3.4. Strategies
11.3.5. Key Developments
11.3.6. SWOT Analysis
11.4. COWI
11.4.1. Company Overview
11.4.2. Financial Updates
11.4.3. Business Segment Overview
11.4.4. Strategies
11.4.5. Key Developments
11.4.6. SWOT Analysis
11.5. Geocomp
11.5.1. Company Overview
11.5.2. Financial Updates
11.5.3. Business Segment Overview
11.5.4. Strategies
11.5.5. Key Developments
11.5.6. SWOT Analysis
11.6. Acellent Technologies
11.6.1. Company Overview
11.6.2. Financial Updates
11.6.3. Business Segment Overview
11.6.4. Strategies
11.6.5. Key Developments
11.6.6. SWOT Analysis
11.7. Sixense
11.7.1. Company Overview
11.7.2. Financial Updates
11.7.3. Business Segment Overview
11.7.4. Strategies
11.7.5. Key Developments
11.7.6. SWOT Analysis
11.8. Pure Technologies
11.8.1. Company Overview
11.8.2. Financial Updates
11.8.3. Business Segment Overview
11.8.4. Strategies
11.8.5. Key Developments
11.8.6. SWOT Analysis
11.9. Structural Monitoring Systems
11.9.1. Company Overview
11.9.2. Financial Updates
11.9.3. Business Segment Overview
11.9.4. Strategies
11.9.5. Key Developments
11.9.6. SWOT Analysis
11.10. SGS
11.10.1. Company Overview
11.10.2. Financial Updates
11.10.3. Business Segment Overview
11.10.4. Strategies
11.10.5. Key Developments
11.10.6. SWOT Analysis
11.11. Digitexx
11.11.1. Company Overview
11.11.2. Financial Updates
11.11.3. Business Segment Overview
11.11.4. Strategies
11.11.5. Key Developments
11.11.6. SWOT Analysis
12. CONCLUSION
 
LIST OF TABLES
TABLE 1 Global Structural Health Monitoring Market, by Region, 2020-2030 (USD Million)
TABLE 2 Global Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 3 Global Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 4 Global Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 5 North America: Structural Health Monitoring Market, by Country, 2020-2030 (USD Million)
TABLE 6 North America: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 7 North America: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 8 North America: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 9 US: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 10 US: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 11 US: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 12 Canada: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 13 Canada: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 14 Canada: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 15 Europe: Structural Health Monitoring Market, by Country, 2020-2030 (USD Million)
TABLE 16 Europe: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 17 Europe: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 18 Europe: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 19 Germany: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 20 Germany: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 21 Germany: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 22 France: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 23 France: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 24 France: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 25 Italy: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 26 Italy: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)\
TABLE 27 Italy: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 28 Spain: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 29 Spain: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 30 Spain: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 31 UK: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 32 UK: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 33 UK: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 34 Rest of Europe: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 35 Rest of Europe: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 36 Rest of Europe: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 37 Asia-Pacific: Structural Health Monitoring Market, by Country, 2020-2030 (USD Million)
TABLE 38 Asia-Pacific: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 39 Asia-Pacific: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 40 Asia-Pacific: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 41 China: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 42 China: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 43 China: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 44 India: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 45 India: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 46 India: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 47 Japan: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 48 Japan: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 49 Japan: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 50 Australia & New Zealand: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 51 Australia & New Zealand: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 52 Australia & New Zealand: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 53 Rest of Asia-Pacific: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 54 Rest of Asia-Pacific: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 55 Rest of Asia-Pacific: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 56 Rest of the World (RoW): Structural Health Monitoring Market, by Region, 2020-2030 (USD Million)
TABLE 57 Rest of the World (RoW): Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 58 Rest of the World (RoW): Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 59 Rest of the World (RoW): Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 60 South America: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 61 South America: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 62 South America: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 63 Middle East: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 64 Middle East: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 65 Middle East: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
TABLE 66 Africa: Structural Health Monitoring Market, by Offering, 2020-2030 (USD Million)
TABLE 67 Africa: Structural Health Monitoring Market, by Technology, 2020-2030 (USD Million)
TABLE 68 Africa: Structural Health Monitoring Market, by End-use, 2020-2030 (USD Million)
LIST OF FIGURES
FIGURE 1 Global Structural Health Monitoring Market Segmentation
FIGURE 2 Research Methodology
FIGURE 3 Five Forces Analysis of the Global Structural Health Monitoring Market
FIGURE 4 Value Chain of the Global Structural Health Monitoring Market
FIGURE 5 Share of the Global Structural Health Monitoring Market in 2021, by Country (%)
FIGURE 6 Global Structural Health Monitoring Market, by Region, 2020-2030
FIGURE 7 Global Structural Health Monitoring Market Share, by Offering, 2021 (%)
FIGURE 8 Global Structural Health Monitoring Market, by Offering, 2020-2030
FIGURE 9 Global Structural Health Monitoring Market Share, by Technology, 2021 (%)
FIGURE 10 Global Structural Health Monitoring Market, by Technology, 2020-2030
FIGURE 11 Global Structural Health Monitoring Market Share, by End-use, 2021 (%)
FIGURE 12 Global Structural Health Monitoring Market, by End-use, 2020-2030
The structural health monitoring market size is projected to reach USD 4.3 Billion at CAGR of 15% from 2022 to 2030. Structural Health Monitoring is a type of monitoring that assesses the structural integrity of a structure and identifies any potential threats to its stability. Structural Health Monitoring systems are used in many different industries, such as construction, civil engineering, aerospace, transportation, and energy. They can be used to monitor bridges, buildings, or pipelines.
COVID-19 Impact Analysis
The impact of COVID-19 had a significant impact on the Structural Health Monitoring market. During this pandemic, there was a decrease in demand for structural health monitoring due to the lockdown imposed by governments across the world. Various countries had to stop their construction and infrastructure activities to focus on necessary things. The market players were facing various problems such as labor shortage, liquidity issues, and other government rules and regulations due to the outbreak of COVID.
Market Dynamics
Structural Health Monitoring (SHM) is a technology that monitors the structural integrity of structures and buildings. The SHM market is expected to grow in the coming years due to several factors. The growth of this market can majorly be attributed to the increasing demand for better monitoring systems, which will lead to an increase in the number of SHM installations and upgrades in various industries such as construction, mining, oil and gas, nuclear power plants, and wind turbines.
Drivers
Infrastructure repair & maintenance has been revolutionized in recent years by the use of AI. During the COVID-19 pandemic, combined with limited workforce availability, the companies have begun to automate some processes. If a recipient is not available for social distancing at the time of implementation, many precautions can be taken to maximize efficiency and minimize risk. This has led to the development of automation and standardization for key processes. COVID-19 has led to a shortage in the workforce, which has led to delays in repair and maintenance. The pandemic has been a significant obstacle to the construction sector because of how difficult it's been to work under these limitations. With the long-term cost of physical inspection and maintenance becoming more expensive, there is an increasing demand for automated solutions in the post-COVID-19 era.
With automation and standardization, repair & maintenance processes can be easier. The gradual increase in the automation of maintenance and repair of infrastructure is expected to facilitate the trend of remote working, which may have a transformational impact on the construction industry. Skilled personnel will be able to remotely monitor structures from the office. Data collected by installed systems will ensure that quality is not compromised. Additionally, the use of biosensors will ensure that the pandemic-response system is more adaptive and resilient.
Restraint:
Increasing the range, resolution, accuracy, and repeatability leads to an increase in system cost. These systems help to save money in the long term but require thinking about installation and monitoring costs. This is because of the adoption of state-of-the-art sensors and software that allow builders to cost their structures accurately. This can be difficult as complicated design structures will increase costs, but conversely, more basic designs will cost less and are more manageable. While the high installation & monitoring costs may slow down the growth of the market, they are expected to decrease eventually since several competitors are in the global market and prices are going down.
Opportunity:
Given the rapid population growth in emerging Asian economies, it is vital to set up a good infrastructure so that people can live their lives easier and free from disruptions. Owing to which there has been a surge in the demand for structural health monitoring solutions, both for new and existing structures, to ensure safety. In recent years, many companies have been providing structural health monitoring solutions to build various projects in the Asia Pacific. Globally, demand for structural health monitoring has been increasing heavily. Structural health monitoring solutions are being aggressively adopted in the US and Europe. But, in countries like China, Japan, India and Singapore, and others in the Gulf Cooperation Council (UAE & Saudi Arabia), there is a huge potential for the structural health monitoring market. Countries like China, India, and the United States are investing heavily in infrastructure projects.
Segment Overview
By Offering
Based on offering, the global structural health monitoring market has been segmented based on hardware, software & services. The software & services segment is anticipated to be the fastest growing segment in the global market.
By Technology
Based on technology, the global structural health monitoring market has been segmented based on wired and wireless. The wired segment is expected to be the fastest-growing segment in the global structural health monitoring market during the forecast period.
By End-Use
Based on the end-use, the global structural health monitoring market has been segmented based on civil infrastructure, aerospace & defense, energy, mining, and others. The civil infrastructure segment is expected to be the largest in the global structural health monitoring market in the year 2022.
Regional Analysis
By region, the global structural health monitoring market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. The North American region held the largest market for the structural health monitoring business in the year 2021.
Asia-Pacific Market
The Asia Pacific region is projected to grow in the structural health monitoring market. With countries such as China, India, and Indonesia booming in the economy and population growth, there is a high demand for monitoring structures. Countries such as Myanmar are also rapidly developing infrastructure projects, which will require more structural monitoring equipment.
North America Market
North America is the largest region in the structural health monitoring market due to the rapidly aging infrastructure such as buildings, dams, bridges, and tunnels in North America. The region has also been experiencing a significant increase in construction activities which has led to high demand for Structural Health Monitors in the region. The key countries covered in the study include the US and Canada.
Competitive Landscape
The market comprises various national and international players. The market players are investing in R&D and also finding new ways to develop and improve product portfolios. Various players are entering into expansion, new product launches, joint ventures, and partnerships, to strengthen their market position and capture a large customer base.
Prominent players in the global structural health monitoring market include Nova Metrix LLC, Geokon, Campbell Scientific, COWI, Geocomp, Acellent Technologies, Sixense, Pure Technologies, Structural Monitoring Systems, SGS, and Digi-Texx among others.
Scope of the Report
Global Structural Health Monitoring Market, by Offering
Global Structural Health Monitoring Market, by Technology
Global Structural Health Monitoring Market, by End-Use
Global Structural Health Monitoring Market, by Region
Objectives of the Study
The objectives of the study are summarized in 5 stages. They are as mentioned below:
Market Size and Forecast:
To identify and estimate the market size for global Structural Health Monitoring market segmented by offering, technology, and end use by value (in US dollars). Also, to understand the consumption/ demand created by consumers of Structural Health Monitoring during the period of 2020-2030
Market Landscape and Trends:
To identify and infer, the drivers, restraints, opportunities and challenges for the global Structural Health Monitoring market
Market Influencing Factors:
To find out the factors which are affecting the sales of Structural Health Monitoring among consumers
Impact of COVID-19:
To identify and understand the various factors involved in the global Structural Health Monitoring market affected by the pandemic
Company Profiling:
To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies
Intended Audience
Report Attribute/Metric | Details |
---|---|
Market Size | USD 4.3 Billion |
CAGR | 15% CAGR |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Offering, Technology, End-Use |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Nova Metrix LLC, Geokon, Campbell Scientific, COWI, Geocomp, Acellent Technologies, Sixense, Pure Technologies, Structural Monitoring Systems, SGS, and Digi-Texx |
Key Market Opportunities | Opportunities in emerging nations and GCC regions are growing |
Key Market Drivers | The increased importance of automated maintenance and repair of critical infrastructures |
Frequently Asked Questions (FAQ) :
The study period of global Structural Health Monitoring market is 2022 - 2030
The global Structural Health Monitoring market is growing at a CAGR of 15% over the next 9 years
Asia Pacific is expected register the highest CAGR during 2022 - 2030
North America held the largest share in 2021
Nova Metrix LLC, Geokon, Campbell Scientific, COWI, Geocomp, Acellent Technologies, Sixense, Pure Technologies, Structural Monitoring Systems, SGS, and Digi-Texx are the major companies operating in the global Structural Health Monitoring market.